GoDaddy Auctions is where expired GoDaddy domain name inventory is sold off, with GoDaddy taking the profits of the expired domain sales on GoDaddy registered domains and the domains from other registrars owned directly by GoDaddy (HEG’s registrars for an example). This is a big revenue source...
GoDaddy is doing a disservice to the domain name industry. They are a domain name auction house auctioning domains that may or MAY NOT be delivered to the winning bidder that has already paid. Any other industry and they would be the laughing stock of the industry. They are still in the domain...
I was following the Gradient.com auction on GoDaddy Auctions for the last few days, and the domain name sold for $125,001 yesterday. Because Gradient.com was an expired domain name, the domain registrant has several days to renew the domain name before the winning bidder will be able to close on...